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Strong demand for G-6 grade coal in June e-auction

30 Jul 2014

July 30: A very strong demand was witnessed for G-6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered by four subsidiaries of CIL in the month of June 2014 via e-auctions conducted on the MSTC platform as the full 96,950 tons of the offered quantity got allotted at a weighted average price of Rs 3,894 per ton.

In May too, a very strong demand was witnessed for this grade offered by the four subsidiaries of CIL via this platform as 69,740 tons got allotted out of an offered quantity of 69,750 tons, at a weighted average price of Rs 3,466 per ton.

A volume of 182,005 tons of G-6 grade coal offered by four subsidiaries of CIL had met with fair demand during the April 2014 e-auctions conducted on the MSTC platform as 181,970 tons got allotted at a weighted average price of Rs 2,913 per ton.

On the other hand, a quantity of 83,675 tons of G-6 grade coal offered by five subsidiaries of CIL met with very strong demand in the March 2014 e-auctions conducted on the MSTC platform as 83,470 tons got allotted at a weighted average price of Rs 2,797 per ton.

Following are the details of G-6 grade coal e-auction in June 2014:


GCV

Grade

Size

Company Name

Event Date

Colliery

Mode

Qty offered

Qty Alloted

(ANP) Average Notified Price (in Rs)

(ARP) Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5501-5800

G6

SLK

SECL

28-Jun-14

Pinoura

ROAD

7,000

7,000

2,170

2,170

3,651

68

68

5501-5800

G6

STM

SECL

28-Jun-14

Pinoura

ROAD

8,000

8,000

2,330

2,330

3,683

58

58

5501-5800

G6

STM

SECL

28-Jun-14

Dhanpuri OC (D Sector Stock)

ROAD

2,500

2,500

2,330

2,330

4,412

89

89

5650

G6

STM

ECL

27-Jun-14

DABOR OCP: : Salanpur A (B-II)

ROAD

4,000

4,000

2,330

2,330

4,130

77

77

5501-5800

G6

STEAM

WCL

24-Jun-14

SAONER U/G - III

ROAD

4,300

4,300

2,309

2,770

3,665

59

32

5501-5800

G6

STEAM

WCL

24-Jun-14

PATANSAONGI

ROAD

4,000

4,000

2,309

2,770

3,406

48

23

5501-5800

G6

STEAM

WCL

24-Jun-14

SILEWARA

ROAD

1,200

1,200

2,309

2,770

4,488

94

62

5501-5800

G6

STEAM

WCL

24-Jun-14

SAONER U/G - I

ROAD

7,350

7,350

2,309

2,770

3,485

51

26

5501-5800

G6

STEAM

WCL

24-Jun-14

SAONER U/G - II

ROAD

10,000

10,000

2,309

2,770

3,406

48

23

5501-5800

G6

STM

NCL

23-Jun-14

Krishnshila

ROAD

15,000

15,000

2,330

2,330

4,425

90

90

5501-5800

G6

SLK

SECL

20-Jun-14

Jamuna 1/2

ROAD

2,000

2,000

2,170

2,170

3,398

57

57

5501-5800

G6

SLK

SECL

20-Jun-14

Jamuna OC

ROAD

600

600

2,170

2,170

3,448

59

59

5501-5800

G6

ROM

SECL

20-Jun-14

Gayatri UG

ROAD

12,000

12,000

2,150

2,150

3,621

68

68

5501-5800

G6

SLK

SECL

20-Jun-14

Rehar UG

ROAD

6,000

6,000

2,170

2,170

3,570

65

65

5501-5800

G6

STM

SECL

20-Jun-14

Rehar UG

ROAD

6,000

6,000

2,330

2,330

4,726

103

103

5501-5800

G6

STM

SECL

20-Jun-14

Amadand OC

ROAD

7,000

7,000

2,330

2,330

4,580

97

97

Total

 

 

 

 

 

 

96,950

96,950